PLPC EVP disposes 6,000 shares to issuer
Preformed Line Products Executive Vice President John M. Hofstetter reported a disposition of 6,000 common shares of the company on March 10, 2026.
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Rhea-AI Filing Summary
Preformed Line Products Executive Vice President John M. Hofstetter reported a disposition of 6,000 common shares of the company on March 10, 2026. The shares were returned to the issuer at $260.34 per share, classified as a disposition to issuer rather than an open-market sale.
After this transaction, Hofstetter directly holds 3,446 common shares. He also has indirect ownership of 532 common shares through a rabbi trust for a Deferred Compensation Plan, and holds restricted stock units that can convert into 1,015, 1,088, and 591 common shares. The restricted stock units vest three years from their grant dates, providing additional potential future equity exposure.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common shares, $2 par value | 6,000 | $260.34 | $1.56M |
| holding | Restricted stock units | -- | -- | -- |
| holding | Restricted stock units | -- | -- | -- |
| holding | Restricted stock units | -- | -- | -- |
| holding | Common shares, $2 par value | -- | -- | -- |
Footnotes (1)
- F1. Restricted stock units vest 3 years from the date of grant.
FAQ
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What insider transaction did PLPC executive John M. Hofstetter report?
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